Malaysia Building Society Berhad announced appointment of ENCIK SHAHNAZ FAROUQUE BIN JAMMAL AHMAD, age 49 as Group Chief Financial Officer and also Chief Financial Officer of MBSB Bank Berhad effective 1 June 2024. Following the above said appointment, ENCIK RAMANATHAN A/L RAJOO, age 61 the current Group CFO of MBSB Group CFO of MBSB Bank will transition into the role of Special Advisor on the same date. Qualifications of Encik Shahnaz includes Master of Philosophy in Economics from University of Oxford, United Kingdom, Master of Arts in Economics from University of Cambridge, United Kingdom and Bachelor of Art in Economics (Double First Class) from University of Cambridge, United Kingdom.

Working experience and occupation of Encik Shahnaz: Encik Shahnaz Farouque Bin Jammal Ahmad ("Encik Shahnaz") joins the company from TIME dotCom Berhad, where he is the Group CFO until 15 May 2024. He was previously the Chief Executive Officer, Group Wholesale Banking of CIMB Group. Prior to this, he was the Chief Financial Officer of CIMB Group.

Before his role as Group CFO, he served in various capacities in CIMB in Group Finance, Group Risk Management, Corporate Client Solutions and PT Bank CIMB NiagaTbk. Prior to joining CIMB, Shahnaz was with Goldman Sachs in London. He has also worked at Bankers Trust and Dresdner Kleinwort Wasserstein in London, as well as ABN AMRO Bank in Kuala Lumpur.

Shahnaz has over 20 years of banking experience covering mergers & acquisitions advisory, risk advisory, trading, risk management, corporate and investment banking, capital and balance sheet management, and finance. His qualifications include an MPhil in Economics from the University of Oxford, United Kingdom and Bachelor (Double First Class) and Master of Arts in Economics from the University of Cambridge, United Kingdom. Qualification of Encik Ramanathan Rajoo includes Fellow from Certified Practising Accountants Australia, Certified Credit Professional from Asian Institute of Chartered Bankers, Masters in Business Administration from Universiti Putra Malaysia, Chartered Accountant from Malaysian Institute of Accountants and Bachelor of Accounting (Hons) from Universiti Kebangsaan Malaysia.

Working experience and occupation of Encik Ramanathan Rajoo includes 2014 - March 2020 - Group Chief Financial Officer, Affin Bank Berhad, 2004 - 2014 Head of Finance, Affin Bank Berhad, 2001 - 2004 Head of Management Reporting, Affin Bank Berhad, 1991 - 2000 Deputy Finance Manager, BSN Commercial Bank and 1988 - 1991 Senior Auditor, Coopers & Lybrand (now known as PWC).